The next battleground in the gun debate may be taxes The federal excise tax on guns hasn’t changed since 1919Guns and ammunition could be increasingly seen as an undertapped source of revenue, writes Paul Brandus.

Bank of America will finance assault weapons maker in bankruptcyBank of America Corp. will provide $43.2 million in financing to Remington Outdoor, an assault rifle manufacturer, just weeks after saying it would stop financing companies that produce "military-style" firearms, according to a Reuters report. Remington is set to emerge from bankruptcy later this month, and the financing Bank of America will provide was agreed to in March, before the bank established its policy on assault rifles. Remington is the manufacturer of the Bushmaster rifle, which was used in the Sandy Hook school massacre in 2012. Bank of America shares are down about 1% for the year to date, slightly better than the 2% decline for the Dow Jones Industrial Average .

5 good reasons to sell stocks now Critical information for the U.S. trading dayThere’s a fair bit of optimism in the air as we make our way into the first part of earnings season. Often bearish, but sometimes bullish, fund manager Doug Kass says he’s got five reasons to sell now.

Alex Jones sued by Sandy Hook parents for calling massacre a hoax Parents of two boys killed sue radio host for defamationParents of two 6-year-old boys killed at Sandy Hook Elementary School in 2012 have sued the radio host Alex Jones for defamation, saying he repeatedly called the shooting fake and said they were liars.

Why no one wants to back the smart gun of the future Prototypes use fingerprint readers like the iPhone’s or rings that activate the weapon like car key fobsSpurred by the Sandy Hook elementary school shooting, Silicon Valley set out to make safer, technologically advanced weapons that could only be fired by their owners. Then politics, from both sides, got in the way.

Gun companies fall after global march, Remington bankruptcyShares of publicly traded gun companies fell on Monday, in the first trading session after protesting gun violence. The march was the latest example of strength by supporters of gun-control legislation, which, if passed, could depress the sales and earnings of the sector. The gun-control movement has picked up steam since last month's high school shooting in Parkland, Fla., which left 17 people dead; earlier this month, a number of companies, including Walmart and Dick's Sporting Goods, . Sturm Ruger & Co. fell 1.6% on the day while American Outdoor Brands Corp. , the parent of Smith & Wesson, fell 3.1%. Both are on track for their third straight daily decline. Also hurting the sector was Remington Outdoor Co., the firearms maker , in the face of a heavy debt load, falling sales and lawsuits tied to 2012 Sandy Hook school shooting. The Dow Jones Industrial Average jumped 1.8% on Monday while the S&P 500 was up 1.6% and the Nasdaq Composite Index was up 1.8%. Thus far this year, Sturm is down 13% while American Outdoor has shed 26%. American Outdoor .

Rick Santorum to Parkland students: Stop protesting and learn CPR ‘Santorum’s words are an insult to the kids of Parkland’The former Pennsylvania GOP Sen. got slammed for his take on the March for Our Lives protests.

Trump surprises lawmakers by speaking up for gun control “Some of you people are petrified of the NRA,” president says at a White House sitdown“Some of you people are petrified of the NRA,” President Donald Trump says at an hourlong sitdown at the White House, stunning Democrats and Republicans by pushing for gun-control measures in a bipartisan bill.

Dick’s Sporting Goods raises the minimum age for gun purchase to 21, asks government to do the same The retailer revealed that it sold a shotgun to the Parkland shooter in 2017Dick’s Sporting Goods says it will stop selling assault-style rifles and raise the minimum age to purchase a gun to 21 despite any backlash the company might incur.

Schools rethink building design to protect students from mass shooters From safe rooms to bullet-resistant glass, architects and school districts are reinventing school buildingsFrom safe rooms to bullet-resistant glass, architects and school districts are reinventing school buildings.

Trump’s notes at gun-violence meeting include reminder: ‘I hear you’ President meets with school-shooting survivors, parents of victimsPresident Donald Trump met with students and parents of school-shooting victims Wednesday at the White House, holding a page of notes that included a reminder to tell participants “I hear you.”

Oprah matches Clooneys’ pledge to donate $500,000 for march against gun violence Spielberg, Capshaw and Katzenbergs also donate $500,000 to ‘March for Our Lives’ rally organized by Florida studentsA number of Hollywood heavyweights, including George Clooney and Oprah Winfrey, announced Tuesday hefty donations to help fund the “March for Our Lives” rally against gun violance that is being organized by students from Marjorie Stoneman Douglas High School in Parkland, Fla., the site of last week’s massacre that left 17 students and staff members dead.

Video surfaces of 2016 campus brawl involving alleged Parkland, Fla., school shooter Cruz Nikolas Cruz was suspended for two days after the September 2016 fight and later expelled for unspecified ‘disciplinary reasons’Nikolas Cruz was suspended for two days after the September 2016 fight and later expelled for unspecified ‘disciplinary reasons.’

Gunmaker Remington to file for bankruptcyU.S. firearm manufacturer, Remington Outdoor Company, said it will file for Chapter 11 bankruptcy protection, but stay in business throughout the process. "Difficult industry conditions make today's agreement prudent," said Jim Geisler, Remington's executive chairman, . The company has been dogged by falling sales after one of its rifles was used in the Sandy Hook Elementary School massacre of 2012. The restructuring will help the company to cut its debt by around $700 million and inject $145 million in new capital into its different units. Remington said its business operations will not be affected by the restructuring. Remington is owned by Cerberus Capital Management, but CNN reported that once the restructuring process is over, the private equity firm will no longer own the company. Remington could not immediately be reached to comment on its relationship with Cerebus in future.

Connecticut’s Democratic senators and White House’s Sanders offer remarks on Newtown anniversary Massacre at Sandy Hook Elementary School in Connecticut on Dec. 14, 2012, left 20 six- and seven-year-olds and six staff members deadMassacre at Sandy Hook Elementary School in Connecticut on Dec. 14, 2012, left 20 six- and seven-year-olds and six school employees dead.

’80s cheer for end of year: Stocks that remind bulls of the Reagan-Volcker era Critical information for the U.S. trading dayIt’s another big day for central bankers. Paul Volcker even gets a shout-out, thanks to our call of the day. “If Macri is Reagan, and Sturzenegger is Volcker, where are Argentinian equity prices going?” the call says.

Sandy Hook lawsuit heads to state supreme court for key test of gunmaker protections The case will test federal protections that firearms manufacturers have against liability claimsA lawsuit brought against a gunmaker by families of those killed in the 2012 school shooting starts Tuesday in Connecticut’s highest court, in what will be a test on the federal protections that firearms manufacturers have against liability claims.

These are the 10 deadliest mass shootings in modern U.S. history From Texas to Sandy Hook, mass shootings are a tragic and all too regular occurrenceThe mass shooting at a Baptist church in Sutherland Springs, Texas, was the fifth-worst in recent U.S. history.

Connecticut senator tells Congress to ‘get off its ass and do something’ on gun violence Murphy’s home state saw Sandy Hook shooting in 2012 A leading gun-control advocate in Congress is telling his fellow lawmakers in unusually blunt language that condolences aren’t enough in the wake of the deadly shooting in Las Vegas.

Trump supporters disrupt Public Theater’s production of ‘Julius Caesar’ in Central Park One woman stormed the stage, while another man filmed the incidentOne woman stormed the stage, while another man filmed the incident.

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